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DEBT SOLUTION: SODDYISM

January 18, 2016

DEBT SOLUTION.
The interest on the Fed bonds that we are PAYING to the top 10%ers is close to $700 billion (That is the 2015 entitlement) and is expected to be over $700 billion for 2016. It is in the budget as “debt service” on debt.That does not satisfy the GREED of the banks so now the Fed has instituted a new entitlement..”that will likely total $24 billion in 2016″..”for holding our money in deposit.” Please anyone ask L Randal Wray, “Is this correct ?”Please also ask ANYONE that wishes to cut ENTITLEMENTS !

SODDYISM Solution is a proven method:

Call the bonds and replace them with 0% interest bonds.

(Add as L Randall Wray stated, “When I’ve engaged advocates of debt-free money, my protestations always generate confusion and the topic gets switched to government payment of interest. The “debt-free money” cranks hate payment of interest by government. I’m not sure, but I think what they really want to do is to prohibit government payment of interest.
That is fine with me. ZIRP forever. Stop paying interest on bank reserves, and stop issuing Treasury bills and bonds. I’m with them. Advocate ZIRP…”

After asking, please, then proceed to pay off the entire Federal Debt; not because you need to, rather if you want to.

So how will you create enough government revenue to create millions of new jobs,
reduce Federal Personal Income Taxes, increase Social Security, have Medicare for all
and decrease the National Debt?
THERE IS A WAY:
SODDYISM:
*****It is correct as stated on ” 60 minutes” (12/11/11)”
President Obama said,”You can’t raise revenues by lowering taxes unless you get the money from somewhere else.” ? DUH, why not lower, yes, lower Federal Personal Income Taxes to ZERO for each individual earning up to $100,000 while at the same time TAXING SOMETHING ELSE!!

While adhering to the basic principle-“The way and means for a ‘capitalistic sovereignty’ is to RAISE TAXES should they wish to increase spending.”
Yet no one explains that there are “other ways” of taxation. There is a method available to us that is no only fair but also of such a magnitude that it could fund this great union to become“…a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity,…
Simply a better, fairer taxation.
No inflation or deflation for there is zero change in the capital value of the sovereignty.
There is zero change on the balance sheet of the Central Bank; a true zero net change.”*************************
THE K.I.S.S. SOLUTION TO DECREASE INEQUALITY GAPS, POVERTY, and NATIONAL DEBT.
When a honest Central Bank uses “QE” for the betterment of the community in a capitalistic economy, it will be the greatest system ever devised by mankind.
IN EIGHT WORDS: A CAPITALISTIC ECONOMY WITH A HONEST CENTRAL BANK.
Reverse “ an economic recovery program that has privileged the recovery of financial markets and corporate profits has fueled the increase in wealth inequality, in the United States and across the world.”, reverse that program, make it fund “…a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity,…”
“Capitalism is the “best” system to date devised by mankind. As it is administrated, perhaps, is where the “flaw” is manifested. If capitalism used its Central Bank properly,that is for the betterment of the common good, with equality and justice for all, capitalism would be the best ways and means to help “form a more perfect union….”, Pontifical C.
SOLUTION.
“LEGISLATE FOR “We the People” WHAT WE HAD LEGISLATED THE CENTRAL BANK TO DO FOR THE Private For Profit Banks (PFPB) ! ISSUE OUR OWN MONEY AS LOANS AND CHARGE A TAX CALLED INTEREST ! ! ! ”
Create an honest Central Bank that shall fund-
““We the People of the United States, in Order to form a more perfect Union… in a capitalistic economy, it will be the greatest system ever devised by mankind.
FREE DOWNLOAD: “The Role Of Money”
”http://archive.org/…/role…/roleofmoney032861mbp_djvu.txt

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